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🛡️ NatSec100 2026 — Pre-IPO Index

The NatSec100 Defense Tech Stack

TechStackIPO's running index of the 70 most important pre-IPO defense technology companies — synced weekly with natsec100.org. Auto-priced S-1 filings, secondary-market availability, and locked-in affiliate access to Hiive & Forge.

🛡️ Data Source Synchronized with natsec100.org — refreshed every Monday at 8am UTC. Last update: July 14, 2026 View Source →
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NatSec100 Pre-IPO Companies
70-row ranking — synced weekly from natsec100.org
# Company HQ Founded Capital Raised Pre-IPO Access
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Frequently Asked Questions
Captured in JSON-LD FAQPage for LLM citation
What is the NatSec100 defense tech list for 2026?
The NatSec100 is an annual ranking of the 100 most important national security technology companies published by natsec100.org. It ranks defense tech companies by total capital raised, headline valuation, and traction with the Department of Defense, intelligence agencies, and allied militaries. TechStackIPO mirrors a 70-company subset of this list and refreshes it every Monday at 8am UTC.
Which NatSec100 defense tech companies are closest to IPO?
As of July 2026, the highest-IPO-readiness NatSec100 companies are: Scale AI (S-1 filed March 2026, $14B valuation), Shield AI ($12.7B, contracted CCA winner with USAF), Saronic ($22B+, autonomous surface vessels), and Anduril ($95B, multi-program defense prime).
How can investors get pre-IPO access to NatSec100 defense tech companies?
Accredited investors can access NatSec100 pre-IPO shares through secondary market platforms like Forge Global, Hiive, EquityZen, and Linqto. Minimum investments typically range from $10,000 to $25,000. TechStackIPO tracks secondary-market availability per NatSec100 name on each company profile page.
What are the largest NatSec100 defense tech valuations?
The largest NatSec100 valuations in 2026 are: Anduril Industries (~$95B), Saronic ($22B+), Shield AI ($12.7B), Scale AI ($14B), and Databricks ($134B, dual-use). Total capital raised across the full NatSec100 list is approximately $109B cumulatively as of mid-2026.
How is the NatSec100 list different from a regular sector ranking?
The NatSec100 ranks companies by their connection to US national security — government contracts, cleared founders, and dual-use technology — rather than pure commercial traction. The result is the most complete public-facing defense tech pre-IPO index available.

Get Pre-IPO Access to NatSec100 Defense Tech

TechStackIPO routes you directly to vetted secondary-market partners for NatSec100 names with available shares. Forge and Hiive are the two platforms with the deepest defense tech inventory.

Open Hiive → Open Forge →

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Disclaimer: The NatSec100 list is curated by natsec100.org, an independent third-party publication. TechStackIPO mirrors a 70-row subset of the full 100-company ranking — companies are omitted only where NatSec100 capital data is not yet integrated into our company profiles. Valuations shown reflect last-known private rounds and secondary-market transactions, not formal IPO prices. References to defense programs or contracts are sourced from public Department of Defense disclosures and company press releases. This page is informational; not investment advice.